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Seminole council approves financing to install automated water meters; $800,000 in SRF forgiveness expected
Summary
Council approved a resolution to incur indebtedness and pursue SRF loan forgiveness to install an automated meter reading system for Seminole’s water system; staff said engineering is complete, bids will be sought and DEQ indicated at least $800,000 — and possibly another $200,000 — could be forgiven.
The City of Seminole voted to authorize financing and pursue state loan forgiveness to install an automated meter reading system for the municipal water system.
At the meeting, the council and the Seminole Municipal Authority considered a resolution to sell promissory notes to the Oklahoma Water Resources Board to fund the system. A city presenter said engineering work is complete, the project is cleared for bidding and the Water…
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